Categories



TheLibertyMill




The Phaserl






AvatarProducts



Preparing for the Great Unwind

from The Daily Bell:

The Most Important Person in 2016 … Forget the presidential candidates – Fed Chair Janet Yellen is who you need to watch … – US News

Dominant Social Theme: The most important person in the world …

Free-Market Analysis: The great debate has started and will continue to keep us focused on the Fed until the next move. We will be reminded over and over again of the phony importance of one or two “power players” in determining the fate of the largest economy in the world.

The potential outcomes for the US economy in 2015 were endlessly debated but now that the Fed has actually hiked rates, the debate has taken on yet more significance.

Even though the outcomes are simple enough, the results along with what’s coming next will be endlessly debated. US News is giving us a sample of that in this article.

Even though the outcomes are simple enough, the results along with what’s coming next will be endlessly debated. US News is giving us a sample of that in this article.

But for all the hoopla and breathless coverage that’s sure to come, 2016’s most important political player won’t be on the campaign trail. She’ll be heading up America’s central bank.

When the Federal Reserve, led by Chair Janet Yellen, raised interest rates recently for the first time in nearly a decade – ending seven years of rates essentially sitting at zero – economy-watchers divided into two camps …

The dispute boils down to which should be of greater concern: the specter of easy money sparking inflation as the economy recovers or the threat of rate hikes choking growth.

Through its manipulation of the federal funds rate (which is the rate at which banks lend to each other) and its other tools, the Fed expands or contracts the money supply in an effort to achieve its so-called “dual mandate” of full employment and low inflation.

The article drones on like this, foretelling what is to come: Endless articles in 2016 focused on the sterile interest rate debate. The larger issue, of course, is whether or not the economy is doing “well.”

Read More @ TheDailyBell.com

Help us spread the ANTIDOTE to corporate propaganda.

Please follow SGT Report on Twitter & help share the message.

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>